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Swedish gaming group Betsson has posted their 2017 financial results, noting that revenue for the period grew 12% from 2016.
Key financial indicators for the period ending December 31st, 2017 were:
Speaking about his company's performance Betsson CEO Pontus Lindwall noted: "We have identified and started to implement a number of improvements on both the product and the marketing side.
"The launch of the new front-end system for casino and sportsbook on desktop and apps should be completed during 2018.
"Betsson will focus marketing spend on key markets with the ambition to achieve a higher return on investment; as an example, we have scaled back on marketing volumes for the UK.
"During the first quarter 2018, Betsson restructured the operations; the new flatter organisation will enable the Company to work more efficiently."
|Betsson Casino||Malta, Sweden|